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20130124
20130201
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republican amendments, though, including matching spending cuts for every dollar increase in the debt ceiling. those amendments expected to be defeated. the bill won't technically raise the debt ceiling, but it will suspend it until may 19th when it will be raised by the amount that the treasury borrows in the interim. that's how it's going to work. and markets, as we've been talking about on a tear this month with the dow having its best january in decades. but will yesterday's surprising drop in gdp reign in the bulls, it says here? let's get a read on the state of the economy. at least it wasn't a -- that kind of rein. there's three of them. anyway, joining us for the next hour is bob bruska. that's fao -- >> no. you cannot. >> fao economics. as becky said at the top, things are going to go really well or the market is going to have an '87 crash. >> i like the binary outlook. >> everything you said was so good until you gout to that point. >> he usually wears one of these very clever ties. >> i'm not going to give him any -- >> there you go, joe. >> you didn't forget because you are gettin
republicans' decision last week to back off their reckless threat to hold the debt ceiling hostage. dosuspending the debt limit will ensure we pay the bills we've already incurred. the legislation before the senate sets an important precedent that the full fanal and credit of the -- the full faith and credit of the united states will no longer be used as a pawn to extracts cuts from medicare, medicaid, or other initiatives that best the middle class. a clean debt increase should be the standard. congress will continue to work to reduce the deficit but will do it without the threat of default. weaver already made $2.5 trillion in historic bipartisan deficit reduction. $2.5 trillion. democrats believe we should do more. it's critical that we use a balanced approach that couples smart spending cuts with revenue from the wealthiest americans and from closing the wasteful tax loopholes that i've just talked about. obviously, democrats would prefer a longer suspension of the debt ceiling which will provide additional economic security and stability as we continue to find ways to decrease
Search Results 0 to 1 of about 2